THESE ARE NOT TRADE SIGNALS
Calculating probable "Turning Points" Not necessarily the Daily swing (although this is common). Generally "levels" are hit during the U.K. Trading sessions
* I use a 15 to 18 pip buffer (+ spread) Most "turns" are good for 25+ pips BUT, not uncommon for 50+ pip runs
I try to add possible target amounts based on averages.
NO GUARANTEES...IT IS FOREX!!
Tuesday, October 19, 2010
Just when You REALLY don't have the time...
EUR/GB: .8778 /.8704 ( LOOK AT CHART/ LEVELS IN BLUE).